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Profit and loss

Total questions: 10

Worksheet time: 20mins

Name
Class
Date
1.

On selling 15pens at Rs. 600, there is a loss equal to the cost price of 3 pens. The cost price of a pen is:

a)

50

b)

60

c)

65

d)

70

2.

When a farmhouse is sold for Rs. 20,500, the owner loses 20%. At what price must that plot be sold in

order to gain 20%?

a)

40,000

b)

45,000

c)

30,750

d)

30,500

3.

120 mangoes are bought at the rate of Rs. 384 and sold at the rate of Rs. 60 per dozen. The percentage

of profit or loss is

a)

50.66

b)

56.25

c)

60.33

d)

None

4.

Amar buys an old biker for Rs. 5000 and spends Rs. 600 on its repairs. If he sells the bike for Rs. 6000, his

gain percent is:

a)

5.14

b)

6.14

c)

7.14

d)

None

5.

The cost price of 40 articles is the same as the selling price of x articles. If the profit is 25%, then the

value of x is:

a)

32

b)

42

c)

30

d)

40

6.

A shopkeeper expects a gain of 32.5% on his cost price. If in a week, his sale was of Rs. 400, what was his

profit

a)

92

b)

94

c)

96

d)

98

7.

In a certain store, the profit is Rs. 650 of the cost. If the cost increases by 35% but the selling price

remains constant, approximately what percentage of the selling price is the profit?

a)

82

b)

86

c)

86.5

d)

90

8.

A vendor bought toffees at 14 for a rupee. How many for a rupee must he sell to gain 40%?(in%)

a)

5

b)

7

c)

9

d)

10

9.

Aman buys a cycle for Rs. 1600 and sells it at a loss of 20%. What is the selling price of the cycle?

a)

1280

b)

1320

c)

1450

d)

1520

10.

Sumit purchased 20 dozens of bats at the rate of Rs. 450 per dozen. He sold each one of them at the

rate of Rs. 40. What was his percentage profit?

a)

5.6

b)

5.4

c)

6.6

d)

6.5